Tag Archives: Mobile Money
A recent study by Digital Impact Awards Africa (DIAA) has revealed that at least 5,000,000 regular users of mobile financial services in Uganda during a 3 months period spent 7,113,356 man hours (296,390 man days) to clear simple financial transactions and saved 57,989,660 productive hours (An average of 19,329,887 million hours a month) that would otherwise be spent on using traditional transactions payment means.
The failure of Vodacom’s M-Pesa mobile money transfer initiative in South Africa, in contrast to its spectacular success in Kenya, has led many pundits to the conclusion that a mobile money solution will never fly in this country.
The impact of Blockchain, Open Banking, Mobile Money and Payments innovation are radically transforming the financial services landscape as FinTech disruptors intensify the challenge to Incumbent Banks in Africa and kickstart new opportunities
CashlessAfrica Champion Awards 2017 to Reward Innovation in the Digital Financial Services Ecosystem in Africa.
Mobile Connections in Sub-Saharan Africa Increase 20 Per Cent to 500 Million in 2013 and Are Expected to Increase by an Additional 50 Per Cent by 2018
MTN Uganda holds a 3 day Internet Expo in Mbarara as part of a drive to increase data usage in the regions
Stanbic IBTC Holdings, a member of Standard Bank Group, has declared a profit before tax of N11.7 billion for 2012, an increase of 16 percent above the N10.1 billion recorded in the corresponding period of 2011, according to its audited results for the financial year ended December 31, 2012. Similarly, profit after tax rose to N10.2 billion, translating to an increase of 53 percent over the prior year’s N6.6 billion.
Mobile Money Africa returns to Johannesburg in May